Guaranteed Loan – How a Guaranteed Loan Works
A guaranteed loan is a loan that involves a third party to agree on behalf of the borrower of his debt obligations if the...
Trade Line – Evaluating A Borrower’s Credit Score Report
For every loan, activity extended to a borrower and reported to a. Credit reporting agency. This record is called the trade line. This means...
Asset-Based Lending – How Asset-based Lending Works
Asset-based lending as the name implies is a loan secured or lending secured with assets. An asset-based loan is supposed to have a line...
Add-On Interest – calculating interest to be paid over a loan
Add-On interest is a method of calculating the interest to be paid over a loan simply by adding the total principal amount borrowed and...
Socialism – Understanding Its Advantages And Disadvantages
What is Socialism? Socialism is a theory or system of social organization. Based on public ownership otherwise known as collective or common ownership. Of...
Individual Retirement Account – What is an Individual Retirement Account?
What is an Individual Retirement Account?Individual Retirement Account (IRA), is designed to help individuals save for retirement and take advantage of tax benefits. IRAs...
Entrepreneur – Understanding The Benefits of Being an Entrepreneur
What is an Entrepreneur? An Entrepreneur is an individual who discovers a need that is existing, and one that no business has been able...
E*TRADE Review – Understanding The E*TRADE Pros & Cons
E*TRADE is one of the most popular online brokers, whose company’s $0 commissions and strong trading platforms appeal to active traders, while beginner investors...
401(K) Plans: How 401(K) Plan Work – Pros And Cons
What is 401(K) Plans? 401(K) Plans is a retirement savings plan that is sponsored by an employer, which allows workers to save and invest...
Economic Recession – How Recession Works – Economic Indicators
A guide to economic recession has become necessary, especially in this current economic downturn, which is associated with high unemployment, slowing gross domestic product,...